spambot Posted October 20, 2022 Share Posted October 20, 2022 I am converting GBP to Thai Baht before transferring funds via Wise into my Kasikorn Bank account, but I can not remember what charges are made by the Bank. I understand the Wise charges, but now returning to Thailand after two years I want to understand the costs from the Bank. Looking at my Bank Book I can not see any charge identified from my previous International transfers. Link to comment Share on other sites More sharing options...
CharlieH Posted October 20, 2022 Share Posted October 20, 2022 MOVRD to Banking forum 1 Link to comment Share on other sites More sharing options...
nigelforbes Posted October 20, 2022 Share Posted October 20, 2022 I'm pretty sure that WISE transfers are domestic transfers and don't incur a bank receiving fee. Link to comment Share on other sites More sharing options...
Popular Post scubascuba3 Posted October 20, 2022 Popular Post Share Posted October 20, 2022 No charges at Kasikorn 1 1 1 Link to comment Share on other sites More sharing options...
spambot Posted October 21, 2022 Author Share Posted October 21, 2022 10 hours ago, scubascuba3 said: No charges at Kasikorn Ahhh Brilliant Thanks scubascuba3 I did find this on the kasikorn page, which said domestic deposits interbank there was 3 different criteria and was not conclusive. 1) Commission-in-Lieu (Deposits) = 0% 2). Commission-in-Lieu (Withdrawal) = 0.25% 3) Other = 0.25% (max 500 Thb, Min 200 Thb) This is Page 4 - Section: 2nd on Page of the 2 sections: Domestic funds transfer Interbank https://www.kasikornbank.com/en/personal/Account/Documents/FeesFCDDepositandWithdrawal-en.pdf From the page this did look to me that possibly the worst case of a Wise transfer using a domestic bank with Thb funds was a Commission-in-Lieu (Deposits) = 0% and 2.5Thb per 1,000Thb identified as OTHER (or £2.50 per £1,000) transferred. It sound like you have the experience to know that there is no however charge - So thanks for that. Link to comment Share on other sites More sharing options...
scubascuba3 Posted October 21, 2022 Share Posted October 21, 2022 1 hour ago, spambot said: Ahhh Brilliant Thanks scubascuba3 I did find this on the kasikorn page, which said domestic deposits interbank there was 3 different criteria and was not conclusive. 1) Commission-in-Lieu (Deposits) = 0% 2). Commission-in-Lieu (Withdrawal) = 0.25% 3) Other = 0.25% (max 500 Thb, Min 200 Thb) This is Page 4 - Section: 2nd on Page of the 2 sections: Domestic funds transfer Interbank https://www.kasikornbank.com/en/personal/Account/Documents/FeesFCDDepositandWithdrawal-en.pdf From the page this did look to me that possibly the worst case of a Wise transfer using a domestic bank with Thb funds was a Commission-in-Lieu (Deposits) = 0% and 2.5Thb per 1,000Thb identified as OTHER (or £2.50 per £1,000) transferred. It sound like you have the experience to know that there is no however charge - So thanks for that. As thai girls say, you think too mut. No charge for Wise transfers, but to reassure yourself, send a small amount to test 1 Link to comment Share on other sites More sharing options...
spambot Posted October 21, 2022 Author Share Posted October 21, 2022 11 minutes ago, scubascuba3 said: As thai girls say, you think too mut. No charge for Wise transfers, but to reassure yourself, send a small amount to test Ha - Nice comment scubascuba3 - Sounds like a plan - Thanks Link to comment Share on other sites More sharing options...
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